The Finishing Department of Cale Manufacturing has the following production and cost data for its first month of production, July 2022: 1. Completed and transferred out, 2,000 units 2. Ending Work in Process inventory, 1,000 units (30% complete as of July 31) 3. Direct materials added, $30,000; conversion costs incurred, $18,400 Direct materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. There was no beginning Work in Process inventory. The company uses the weighted-average method of process costing. Instructions a) Discuss about the equivalent units of production for direct materials and conversion costs for the month of July. b) What unit costs and cost reconciliation schedule would you utilize to analyze the above case?

2. Ending Work in Process inventory, 1,000 units (30% complete as of July 31) 3. Direct materials added, $30,000; conversion costs incurred, $18,400 Direct materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. There was no beginning Work in Process inventory. The company uses the weighted-average method of process costing. Instructions a) Discuss about the equivalent units of production for direct materials and conversion costs for the month of July. b) What unit costs and cost reconciliation schedule would you utilize to analyze the above case? The Finishing Department of Cale Manufacturing has the following production and cost data for its first month of production, July 2022: 1. Completed and transferred out, 2,000 units 2. Ending Work in Process inventory, 1,000 units (30% complete as of July 31) 3. Direct materials added, $30,000; conversion costs incurred, $18,400 Direct materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. There was no beginning Work in Process inventory. The company uses the weighted-average method of process costing. Instructions a) Discuss about the equivalent units of production for direct materials and conversion costs for the month of July. b) What unit costs and cost reconciliation schedule woul you utilize to analyze the above case